Saturday, October 10, 2015

They deserve nothing less!

China will continue to improve the living standard of military personnel and veterans by further raising their income and reforming the pension system for retirees, experts said.

"The military increased our vocational allowance around July and the basic salary is expected to be raised before the end of this year," a human resources management researcher at a People's Liberation Army institute who wished to be named as Wang said on Thursday.

"Once the basic salary is increased, those who will retire from the service will receive a higher pension because the pension level is partly decided by their salary in the military," he explained.

The PLA is also considering the establishment of an independent body responsible for veteran affairs, he said. Many PLA researchers have been calling for such an organization for a long time, he added.

"In the past, the veterans' interests and rights were somewhat ignored by some local governments but then the central government came to realize that problem and began to take action to resolve veterans' difficulties," Wang said. Improvement to retirees' treatment will also help facilitate the troop cut recently announced by President Xi Jinping, he said.

The State Council and the Central Military Commission said on Wednesday that they have approved a plan to improve the veteran pension system. The plan, jointly made by several central government departments and military authorities, stipulates that veterans will be retroactively eligible for a basic pension allowance and occupational pension allowance from Oct 1, 2014, both of which will be subsidized by the central government.

An unidentified official with the PLA General Logistics Department told PLA Daily that the improved veteran pension system will be conducive to ensuring veterans' livelihoods, improving military job competitiveness, motivating military personnel and encouraging more young people to join the military.

The pension amendment is the latest in a string of policies to safeguard soldiers' interests. In July, the State Council and Central Military Commission published a policy that encourages commercial insurance providers to provide services to PLA members.

President Xi Jinping announced a 300,000 reduction to the country's standing troops during the military parade in Beijing on Sept 3.

The cuts - which will mainly target troops equipped with outdated armaments, administrative staff and non-combatant personnel - will be accomplished by the end of 2017, Yang Yujun, Defense Ministry spokesman, said at a news conference following the parade.

At 2.3 million, China now has the world's largest active-duty military, including an 850,000-strong ground force, according to a 2013 government paper.

Gong Fangbin, a political education researcher at PLA National Defense University, told Beijing Times that the improved pension package will relieve concerns of those who will be cut from the military thus helping pave the way for the troop cut.

China moves to ensure veterans' welfare

(Source: Xinhua) 2015-10-09

China on Wednesday announced measures to improve the living standards of retired soldiers through pension reforms.

The proposed amendments to the veteran pension system have been approved by the State Council and the Central Military Commission. The General Department of Logistics, the Ministry of Human Resources and Social Security, the Headquarters of the General Staff and the General Political Department of the People's Liberation Army jointly released two notices on the changes.

According to the notices, veterans will be retroactively eligible for a basic pension allowance and occupational pension allowance from Oct. 1, 2014, both of which will be subsidized by the central government.

President Xi Jinping announced a 300,000 reduction to the country's standing troops during the military parade in September.

The cuts -- which will mainly target troops equipped with outdated armaments, administrative staff and non-combatant personnel -- will be accomplished by the end of 2017, Yang Yujun, Defense Ministry spokesperson, said at a press conference following the parade.

At 2.3 million, China now has the world's largest active-duty military, including a 850,000-strong ground force, according to a 2013 government paper.

The improved system will protect soldiers' immediate interests, improve military service as an occupation, motivate military personnel and help with recruitment, an unidentified official with the General Department of Logistics said.

The pension amendment is the latest in a string of policies to safeguard soldiers' interests. In July, the State Council and Central Military Commission adopted an act that encouraged commercial insurance providers to provide products for service people.

The document advocated endowment insurance, health insurance and household property insurance policies, and promised tax exemptions to insurance providers for business related to military units, service people and their relatives.

In April 2012, the top legislature passed the first law on insurance for service people, exempting them from premiums on death and injury insurance as this would be covered by the state.

It also rolled out government-subsidized medical insurance and pension programs for the unemployed spouses of service people who relocate to where their partners are stationed.